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Investment

Franking credit crackdown rife with unintended consequences: LICAT

The Listed Investment Companies & Trusts Association (LICAT) has pulled no punches in its reprimand of the proposed legislative changes to franked distributions funded by capital raisings.

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Read more: LICATCapital raisingTax avoidanceListed Investment Companies & Trusts AssociationFranking creditTreasury